Willis Lease Finance Co. (NASDAQ:WLFC) CFO Scott B. Flaherty acquired 500 shares of the firm’s stock in a transaction on Wednesday, July 31st. The stock was purchased at an average price of $21.47 per share, for a total transaction of $10,735.00. Following the transaction, the chief financial officer now directly owns 72,788 shares of the company’s stock, valued at approximately $1,562,758.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
WLFC stock opened at $61.16 on Friday. The company has a 50-day moving average price of $59.12. Willis Lease Finance Co. has a 12-month low of $30.81 and a 12-month high of $64.96. The stock has a market capitalization of $366.91 million, a PE ratio of 6.95 and a beta of 0.64. The company has a debt-to-equity ratio of 4.22, a current ratio of 2.56 and a quick ratio of 1.77.
Willis Lease Finance (NASDAQ:WLFC) last released its quarterly earnings data on Monday, May 6th. The transportation company reported $3.35 earnings per share (EPS) for the quarter. Willis Lease Finance had a net margin of 15.24% and a return on equity of 20.18%. The firm had revenue of $103.77 million for the quarter.
A number of research firms have issued reports on WLFC. BidaskClub upgraded shares of Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, June 19th. ValuEngine cut shares of Willis Lease Finance from a “hold” rating to a “sell” rating in a research report on Thursday.
Willis Lease Finance Company Profile
Willis Lease Finance Corporation, together with its subsidiaries, leases and services commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. It also purchases and resells commercial aircraft engines; and sells aircraft engine parts and materials.
See Also: Intrinsic Value
Receive News & Ratings for Willis Lease Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Lease Finance and related companies with MarketBeat.com's FREE daily email newsletter.